Sheffield, IL housing market
The typical Sheffield home is worth about $129,000, up 13.2% in a year, 57% below the Illinois typical home.
Home values, sales, trends and how Sheffield compares with the towns next door — updated as new data is published.
Sheffield at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Sheffield | Illinois |
|---|---|---|
| 2017 | $64,000 | $181,000 |
| 2018 | $69,000 | $190,000 |
| 2019 | $69,000 | $195,000 |
| 2020 | $79,000 | $200,000 |
| 2021 | $90,000 | $215,000 |
| 2022 | $94,000 | $236,000 |
| 2023 | $95,000 | $248,000 |
| 2024 | $108,000 | $263,000 |
| 2025 | $115,000 | $278,000 |
| 2026 | $118,000 | $290,000 |
| August 2026 | $129,000 | $298,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Sheffield is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sheffield pay a median of $1,047.
Studio $740 · 4 bedrooms $1,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61361; Davenport-Moline-Rock Island, IA-IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.